Introduction

Column

Chart A

Column

Chart B

Group info

Team of Thrones

Members:

  • Ambalika Gupta
  • Smriti Vinayak Bhat
  • Yin Shan Ho

Skills

Column

Trend of skill categories across the different verticals by year

Column

Trend in change of useful skills across occupations

Analysis

  • Soft skills are the one set of skills that people have increasingly found need for across all the verticals.
  • Business skills are finding less and less takers by the year.
  • Specialized industry skills seem to have seen volatility as they were in decline up until 2017-2018 but with the arrival of 2019 they saw a significant boost in demand.
  • Disruptive technological skills do not seem to have caught on yet except for the Information and Communication segment.
  • Mining and Quarrying have seen no disruptive tech skills growth whatsoever.
  • Despite fintech sweeping across the world, among the people employed in the field of financial and insurance activities little to no technical skills seem to be visible.
  • The skill that is the most in demand across all years is Digital Literacy.
  • Business Management, Leadership and Teamwork are also right behind. Business Management however has been in decline since 2017 while Teamwork has taken the forefront.
  • Business Skills - 5, Soft Skills - 4, Specialized Industry Skills - 2, Tech Skills - 3 are the split across the type of skills. Business skills and Soft skills still dominate.
  • Specialized Industry skills figure in this list too. These are Research and Foreign Languages. In an increasingly interconnected world, it is quite evident why Foreign Languages make this list. Research also forms the corner stone of innovation and is an important skill to possess. Apart from this, Social media is also a technological main stay which figures prominently. This is yet another proof of the influence of technology on skills needed.

Talent Migration

Column

Migration Pattern to USA from other countries

Top Skills in demand in 2019

Analysis

  • It is observed that the top 3 out 10 countries with the highest number of net migrant arrivals are from the European region
  • We can observe that the top countries with people migrating from in search of jobs belong to Sub-Saharan African continent.
  • It is observed that USA has maximum number of immigrants from Europe and and Africa in the year 2019

Column

Highest Migration Rate

Top 10 countries with highest migration
base_country_name base_country_wb_region netmigration
Cuba Latin America & Caribbean -11.336000
Jamaica Latin America & Caribbean -8.832500
Haiti Latin America & Caribbean -6.900000
Fiji East Asia & Pacific -6.633333
Benin Sub-Saharan Africa -5.530000
Moldova Europe & Central Asia -5.447500
Bosnia and Herzegovina Europe & Central Asia -5.437143
Venezuela, RB Latin America & Caribbean -5.286400
Tunisia Middle East & North Africa -4.548235
Madagascar Sub-Saharan Africa -4.540000

Most Immigrants

Top 10 countries with highest migration
base_country_name base_country_wb_region netmigration
Georgia Europe & Central Asia 8.535556
Luxembourg Europe & Central Asia 8.201111
Gabon Sub-Saharan Africa 6.656000
Papua New Guinea East Asia & Pacific 4.104000
Cyprus Europe & Central Asia 2.956875
Zambia Sub-Saharan Africa 2.705000
Malawi Sub-Saharan Africa 2.372500
Kuwait Middle East & North Africa 1.932308
Congo, Dem. Rep.  Sub-Saharan Africa 1.653000
Libya Middle East & North Africa 1.562857

Employment Growth

Column

Global trend of employment growth rate

Trend of employment growth rate in different industries

Analysis

  • Global decrease in the growth rate of employment

  • Most of the income groups have increasing trend of employment rate except from high income group

  • Rapid development in Information and communication Section

  • Decreasing trend observed in Mining and Quarrying sections in High and Upper Middle Income group

Column

Top 5 Employment Growth (Countries)

country name region average perentage of growth
Luxembourg Europe & Central Asia 11.389292
Cyprus Europe & Central Asia 5.913180
Georgia Europe & Central Asia 5.399218
United Arab Emirates Middle East & North Africa 4.850546
Switzerland Europe & Central Asia 3.984353

Analysis

  • Higher employment growth rate in European and Central Asian Countries

  • Most of them have rich mineral/oil resources

Top 5 Employment Growth (Industries)

industry name average persentage of growth
Venture Capital & Private Equity 3.584088
Alternative Dispute Resolution 2.462249
Computer & Network Security 2.097874
Renewables & Environment 2.069448
Aviation & Aerospace 1.673296

Top 5 Employment Recession (Industries)

industry name average percentage of growth
Newspapers -2.103078
Accounting -2.074900
Market Research -1.822482
Outsourcing/Offshoring -1.798203
Telecommunications -1.538015

Analysis

Rapid Development in:

  1. Infrastructure

  2. Information Technology

  3. Equity Management

  4. Environment Protection

Rapid Recession in:

  1. Traditional Media

  2. Traditional Communication

References

World Bank. (n.d.). Skills | LinkedIn Data | Data Catalog. Retrieved May 17, 2021, from https://datacatalog.worldbank.org/dataset/skills-linkedin-data

World Bank. (n.d.). Employment Growth | LinkedIn Data | Data Catalog. Retrieved May 17, 2021, from https://datacatalog.worldbank.org/dataset/employment-growth-linkedin-data

Agarrwal, K. (2021, April 19). What is FINTECH? Retrieved May 18, 2021, from https://www.forbes.com/advisor/in/banking/what-is-fintech/